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DOTDASH MEREDITH RESTRUCTURING CHARGES, TRANSACTION-RELATED EXPENSES AND CHANGE-IN-CONTROL PAYMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Remaining Costs

A summary of the charges incurred, reversals of initial costs, payments and related accruals is presented below. As of December 31, 2024, there are no expected remaining costs associated with the 2022 restructuring events.

									Year Ended December 31, 2024
			Accrued December 31, 2023						Charges Incurred						Reversal of Initial Cost						Payments						Accrued December 31, 2024						Cumulative Charges Incurred
			(In thousands)
Digital			$	473					$	—					$	(223)					$	(250)					$	—					$	38,546
Print			1,119						94						(108)						(1,105)						—						33,398
Other(a)			298						36						—						(334)						—						7,568
Total			$	1,890					$	130					$	(331)					$	(1,689)					$	—					$	79,512

_____________________

(a)    Other comprises unallocated corporate expenses, which are corporate overhead expenses not attributable to the Digital or Print segments.

									Year Ended December 31, 2023
			Accrued December 31, 2022						Charges Incurred						Reversal of Initial Cost						Payments						Accrued December 31, 2023
									(In thousands)
Digital			$	10,950					$	1,371					$	(1,827)					$	(10,021)					$	473
Print			12,055						1,625						(1,645)						(10,916)						1,119
Other(a)			4,389						678						(727)						(4,042)						298
Total			$	27,394					$	3,674					$	(4,199)					$	(24,979)					$	1,890

Schedule of Restructuring Cost Allocation

The costs are allocated as follows in the statement of operations:

			Year Ended December 31,
			2024						2023						2022
			(In thousands)
Cost of revenue			$	(205)					$	744					$	24,527
Selling and marketing expense			(116)						(1,300)						17,174
General and administrative expense(b)			126						(282)						28,096
Product development expense			(6)						313						3,435
Depreciation(c)			—						—						7,006
Total			$	(201)					$	(525)					$	80,238

_____________________

(b)    Includes impairment charge of $14.3 million of an ROU asset for the year ended December 31, 2022. See “Note 2—Summary of Significant Accounting Policies” for additional information on the impairment charges.

(c)    Includes impairment charge of $7.0 million of leasehold improvements and furniture and equipment for the year ended December 31, 2022. See “Note 2—Summary of Significant Accounting Policies” for additional information on the impairment charges.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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-Topic 420
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-Section S99
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